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Message
re: Car dealers have so much backlog, some 2022s are "new"
Posted on 12/2/23 at 8:43 am to SlowFlowPro
Posted on 12/2/23 at 8:43 am to SlowFlowPro
quote:
People are drowning financially
Then they thats there own fault. No one is forcing them to refi. They could BK just as easily or just let the debt go and keep the 3%
1
Posted on 12/2/23 at 8:47 am to SDVTiger
quote:
No one is forcing them to refi. They could BK j
Classic.
quote:
or just let the debt go
Most of these people are professionals not judgment proof leeches.
All the Covid printing in 2020 and the mega inflation it caused, along with salaries being stagnant, has put the majority of Americans in -EV financial situations. Add in the shitty policies post-2008 regarding interest rates to create effectively inflation in order to counter the deflation our economy needed, and here we are.
The point is that prices are too high. Cars, houses, etc. Deflation is needed again.
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